Section 183*2. General powers and duties of the board  


Latest version.
  • In furtherance of the
      purposes  set  forth in this article, the board shall have the following
      powers:
        (a) To adopt,  within  one  hundred  twenty  days  after  appointment,
      eligibility   criteria   and  rules  and  regulations  relating  to  the
      activities of the board.
        (b) To evaluate applications for allocations of  economic  development
      power  and  to  make  recommendations  with  respect  to  such  proposed
      allocations.
        (c) To evaluate economic development plans for the use  of  industrial
      incentive  awards  submitted  by the power authority of the state of New
      York pursuant to this article.
        (d) To provide advice and assistance when appropriate to applicants on
      state economic development programs and  services  in  addition  to  the
      economic  development power and industrial incentive awards specifically
      provided for in this section.
        The department, the power authority of the  state  of  New  York,  the
      urban   development   corporation,   and   all   other  state  officers,
      departments,  boards,  divisions  and  commissions  shall  render   such
      services  to  the  board  within  their  respective  functions as may be
      requested by the board.
        The board shall solicit applications for economic development power by
      public  notice.  Such  notice  shall  be  in  the  form   of   newspaper
      advertisements,  press  releases,  and  by such other means as the board
      finds appropriate.
        * NB Effective May 15, 2010